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20130221
20130221
Search Results 0 to 4 of about 5 (some duplicates have been removed)
. the warning was aimed at defense department workers at the pentagon and around the world. secretary panetta sent them a written message, as he left for a nato defense ministers meeting in brussels. in it, he said there are limited options for coping with the looming across-the-board cuts. and, he said: >> on our civilians it will be catastrophic. >> woodruff: within hours, top pentagon officials were out, saying employees could lose one day of work per week for 22 weeks. civilians will experience a 20 percent decrease in their pay between late april and september. as a result, many families will be forced to make difficult decisions on where their financial obligations lie. >> reporter: the furloughs could start in late april and save roughly $5 billion. uniformed personnel at war would be exempt, but in a letter to congress, panetta wrote that the spending cuts will slow training and the procurement of weapons. the result, he said, will be a hollow force. the nation's top military leader had said as much last week at a senate hearing on the automatic cuts. chair of the joint chiefs of staf
, and small businesses. wednesday, defense secretary leon panetta formally notified congress of the pentagon's plan to furlough civilian employees should congress not act to stop those automatic spending cuts from going into effect on march 1, just eight days from now. >>> and government agencies all over the country holding their breath to see if congress will make a deal. the national institutes of health would lose $1.at billion in funding -- $1.5 billion in funding if a deal is not made. that means millions of americans whose lives depend on advanced treatments and research, they'll have to go without. nih, cancer, hiv, and alzheimer's research would come to a halt. >>> border protection and transit agents could be out of jobs because of cuts. the wait times for flights could double. you could find yourself in line for three hours to get through security and six hours to get through customs. >>> house speaker john boehner submitted an op-ed in the "wall street journal" about the cuts. speaker boehner wrote, "the president has repeatedly called for even more tax revenue, but the american
Search Results 0 to 4 of about 5 (some duplicates have been removed)